The IRS plans to allow sole proprietors to provide either their Social Security Number or their Employer Identification Number on its W-9 forms, incorporating an ABA recommendation for how to improve tax reporting.
FinCEN issued an alert to help financial institutions identify and stop funding streams and procurement networks supporting Iran’s Islamic Revolutionary Guard Corps.
ABA and the Kentucky Bankers Association have released a new ad highlighting Rep. Andy Barr’s (R-Ky.) support of legislation to strengthen the economy and encouraging him to continue his efforts.
FinCEN has updated and reissued its FAQs regarding bank customer due diligence requirements to account for a recent order that eased beneficial ownership reporting requirements.
First Interstate Bank CEO Jim Reuter sees digital offerings, brand density as keys to bank growth.
In a Sunday letter to bank CEOs, ABA President and CEO Rob Nichols urged bank leaders across the country to join an industry-wide effort to convince senators to improve digital asset market structure legislation before a key committee...
